Press Release

Blood Culture Tests Market Size to Witness CAGR of 10.2% from 2019 to 2025
October 2020

Blood Culture Tests Market Size to Witness CAGR of 10.2% from 2019-2025

According to iCognition Insights, the global blood culture tests market size is estimated to be USD 4,226.3 million in 2019. Increasing prevalence of various infectious diseases such as sepsis and hospital-acquired infections is a major factor that boosts global market growth. Also, the rising investment in R&D and new product approvals are some of the other factors that boost growth during the forecast period.

Based on product, the blood culture tests market is segmented into consumables, instruments, and software & services.On the basis oftechnique, the market is categorized into automated and conventional methods. By technology, the market is divided into molecular, culture-based, and proteomic technology.On the basis of application, the market is categorized into bacterial, fungal, and mycobacterial infections. Based on end-user, the market is categorized into hospitals, reference laboratories, and others.

In 2019, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the rising healthcare expenditure and the presence of prominent market players in the region. Asia Pacific is projected to exhibit the fastest CAGR over the forecast period.

Some of the major companies in the blood culture tests market are Thermo Fisher Scientific, Inc. (U.S.); bioMérieux SA (France); Roche Diagnostics (Switzerland); Nanosphere, Inc. (U.S.); Becton, Dickinson and Company (U.S.); Cepheid, Inc. (U.S.); Bruker Corporation (U.S.); IRIDICA (U.S.); and Beckman Coulter (U.S.).

Blood Culture Tests Market: Key Datapoints-

  • Rising prevalence of infectious diseases such as sepsis and hospital-acquired infections is expected to drive the market
  • In 2019, the consumables segment accounted for the largest revenue share owing to its repetitive usage and increasing application of blood culture media, kits, reagents, assay, and other accessories for disease diagnosis
  • Automated technique is projected to grow at the highest CAGR during the forecast period, owing to the technological innovations and high investments in R&D by life science companies
  • molecular technology segment is projected to grow at the fastest CAGR during the forecast period due to the rising demand for rapid diagnostic techniques and developing healthcare infrastructure
  • Bacterial infection was the largest revenue-grossing segment of the market in 2019
  • The hospitals end use segment was the highest revenue-generating segment in 2019 and is projected to grow at the highest CAGR over the forecast period.
  • Asia Pacific is projected to exhibit the fastest CAGR over the forecast period owing to the rising prevalence of infectious diseases, escalating disposable income, and developing healthcare infrastructure in this region
  • Some of the major players in the blood culture tests market are Thermo Fisher Scientific, Inc.; bioMérieux SA;Roche Diagnostics; Nanosphere, Inc.; Becton, Dickinson and Company; Cepheid, Inc.; Bruker Corporation; IRIDICA; and Beckman Coulter

Blood Culture Tests Market Scope-

Blood Culture Tests Market, By Product (Revenue, 2017-2025, USD Million)

  • Consumables
    • Blood Culture Media
      • Aerobic Blood Culture Media
      • Anaerobic Blood Culture Media
      • Pediatric Blood Culture Media
      • Mycobacteria Blood Culture Media
      • Yeast/Fungi Blood Culture Media
    • Assay Kits and Reagents
    • Blood Culture Accessories
  • Instruments
    • Automated Blood Culture Systems
    • Laboratory Equipment
    • Colony Counters
    • Incubators
    • Gram Stainers
    • Microscopes
  • Software & Services

Blood Culture Tests Market, By Technique (Revenue, 2017-2025, USD Million)

  • Automated
  • Conventional

Blood Culture Tests Market, By Technology (Revenue, 2017-2025, USD Million)

  • Culture-based technology
  • Proteomic Technology
  • Molecular technology
    • Microarray
    • PCR
    • PNA-FISH

Blood Culture Tests Market, By Application (Revenue, 2017-2025, USD Million)

  • Bacterial infections
  • Mycobacterial infections
  • Fungal infections

Blood Culture Tests Market, By End-User(Revenue, 2017-2025, USD Million)

  • Hospitals
  • Reference laboratories
  • Others

Blood Culture Tests Market, By Region (Revenue, 2017-2025, USD Million)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

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Blood Culture Tests Market